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FirstService Residential Acquires Core Real Estate Group

FirstService Residential Acquires Core Real Estate Group

by Phil Hall | May 9, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

FirstService Residential, the Dania Beach, Florida-based property management firm and a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), has acquired Edmonton-based Core Real Estate Group. Founded in 2011, Core Real Estate Group manages more than 15,000...
Redfin Investor Sues to Halt Acquisition by Rocket Companies

Redfin Investor Sues to Halt Acquisition by Rocket Companies

by Phil Hall | May 8, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
TurboTenant Acquires Azibo

TurboTenant Acquires Azibo

by Phil Hall | May 6, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

TurboTenant, the rental property management software provider, has acquired Azibo, a financial services platform for rental properties. As part of the acquisition, Azibo users will gain access to TurboTenant’s platform and the Azibo technology will continue to support...
Amazon Acquires 23-Story Manhattan Office Property

Amazon Acquires 23-Story Manhattan Office Property

by Phil Hall | May 5, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Amazon Inc. (NASDAQ: AMZN) has expanded its New York City real estate portfolio by acquiring a 23-story Manhattan office building. According to combined media reports, the 600,000-square-foot property at the corner of Fifth Avenue and 44th Street was constructed in...
Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann

Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann

by Phil Hall | May 5, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The retailer Burlington Stores Inc. (NYSE: BURL) has signed a deal to take over the leases of 45 store locations that formerly housed the bankrupt craft company Jo-Ann. Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101...
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